First Trust Germany AlphaDEX Fund Price & Performance (FGM)

Fonix Plc has attracted growing institutional attention, with major shareholders like Rathbones and Investec increasing their stakes. The company reported a 6.5% rise in gross profit and 6.8% growth in EBITDA for H2 2024. Fonix’s international expansion, including new contracts in Portugal, highlights its resilience and potential for further growth.1

The First Trust Germany AlphaDEX UCITS ETF has delivered a 15.28% year-to-date return, despite recent price volatility and a 0.65% ongoing charge. With a diversified portfolio tracking the NASDAQ AlphaDEX Germany Index, the fund demonstrates strong five-year performance, making it a notable option for investors seeking exposure to German equities.23

Recent investor discussions suggest a shift toward high-quality, undervalued UK companies insulated from tariff pressures. Fonix Plc stands out as a beneficiary of this trend, with its solid fundamentals, recurring revenues, and growing dividend. Analysts and investors remain cautiously optimistic about its prospects amid ongoing market volatility.1